No! Youngsters are not leaving Facebook

New York: Young people are still quite hooked to Facebook, the media reported, refuting the popular belief that youngsters are increasingly abandoning the social media giant.

While investors and the media, in 2015, panicked that Facebook would experience a mass exodus of young people, nearly every internet-wielding millennial — those born after 1980s and now in their 30s — are still obsessively using Facebook on a regular basis, the report said.

Millennials spend more than 2.5 times as many minutes on Facebook as they do on its closest competitor Snapchat, Recode.net reported on Wednesday.

Facebook still has young people, which explains its market cap of nearly $340 billion, the report stated.

The report is based on data from comScore — an US-based Internet analytics company, which showed the percentage of 18- to 34-year-old Internet users who frequent each major social network each month. It also showed the time users spend with each service.

Nearly 100 percent of people aged 18 to 34 in US use the social network as of December 2015.

The data also revealed that Facebook users are on the site (or app), on an average for more than 1,000 minutes a month. Snapchat comes second with under 400 minutes.

Moreover, the data showed that people older than 35 love Facebook almost as much as young people do – and they don’t care about any other social networks. (IANS)

Facebook has announced it will commit tens of millions of dollars to Community Leadership Program that is designed to empower global leaders who are building communities through its family of apps and services

Apart from that, Facebook would also commit up to $10 million in grants that will go directly to people creating and leading communities so that Community Leaders could have more impact with additional support, the company said at the Facebook Communities Summit Europe in late on Friday.

Facebook has invested $10 million in this program. VOA

“In addition, we introduced new tools for group admins and the expansion of our London-based engineering team that builds technology to help keep people safe on Facebook,” the social media giant wrote in a blog.

Under the programme, Facebook would offer Residency and Fellowship opportunities for training, support and funding to community leaders from around the world.

“Up to five leaders will be selected to be community leaders in residence and awarded up to $1,000,000 each to fund their proposals,” it said.

“Up to 100 leaders will be selected for our fellowship program and will receive up to $50,000 each to be used for a specific community initiative,” the company said.

Facebook will also bring Local community leaders together this way. Pixabay

Facebook would also expand its Community Leadership Circles programme that brings local community leaders together to meet up in person to connect, learn and collaborate as well as Groups for Facebook Power Admins that is being run with more than 10,000 group admins in the US and Britain to help leader share advice with one another.

Meanwhile, the new tools for Group Admins and Members would keep their communities safe, organised and engaged.

With the Admin Tools, admins can now find member requests, Group Insights making it easier to manage groups and freeing up more time for admins to connect with members.

Facebook’s this investment in Community Leader Program will benefit it greatly.VOA

Group announcements will let group admins to post up to 10 announcements that appear at the top of their group.

Now admins can create a dedicated rules section to help them effectively communicate the rules of the group to their members. Now admins can add a personalised colour that is displayed throughout their group. IANS